Asian markets climbed today after solid performance from telecommunications firms. In addition, the Bank of Japan’s decision to keep the stimulus going has also given investors a little more optimism – a much needed sentiment after a substantial drop in Asian equities yesterday. Lastly, People’s Bank of China governor Zhou Xiaochuan noted that China’s deposit rates may be liberalized in one to two years – faster than many analysts predicted and further helping Asian indices rebound. At the end of the session, the Nikkei closed 0.69% higher, the Hang Seng was up 0.02% and the ASX 200 edged higher 0.04%.
European markets were mixed today as tension from the Ukraine balanced out optimism from German data. German exports were better than expected, increasing 2.2% as opposed to expectations of only a 1.5% increase. However, possible trouble in the Eastern Europe kept investors from becoming more optimistic. The United Sates refused a Russian invitation to start new talks geared at solving the crisis in the Ukraine. Consequently, European indices fluctuated today as equities faced both upward and downward pressure. Today, the FTSE closed 0.06% lower, the Stoxx 50 went down 0.01% and the Dax went up 0.46%.
American markets have gone down today as the situation in the Ukraine weighed on investor’s minds. Furthermore, economic data coming from the US was not terribly encouraging. Both Job Openings and data and Wholesale Inventories data were worse than expected – exacerbating bearish sentiment within the market. Though long term pressure remains upward, US markets may continue to fall in the short run. Currently, the Dow is 0.24% lower, the S&P is 0.41% is down and the NASDAQ has dipped 0.32%.
March 11, 2014 – Indices News
Asian markets climbed today after solid performance from telecommunications firms. In addition, the Bank of Japan’s decision to keep the stimulus going has also given investors a little more optimism – a much needed sentiment after a substantial drop in Asian equities yesterday. Lastly, People’s Bank of China governor Zhou Xiaochuan noted that China’s deposit rates may be liberalized in one to two years – faster than many analysts predicted and further helping Asian indices rebound. At the end of the session, the Nikkei closed 0.69% higher, the Hang Seng was up 0.02% and the ASX 200 edged higher 0.04%.
European markets were mixed today as tension from the Ukraine balanced out optimism from German data. German exports were better than expected, increasing 2.2% as opposed to expectations of only a 1.5% increase. However, possible trouble in the Eastern Europe kept investors from becoming more optimistic. The United Sates refused a Russian invitation to start new talks geared at solving the crisis in the Ukraine. Consequently, European indices fluctuated today as equities faced both upward and downward pressure. Today, the FTSE closed 0.06% lower, the Stoxx 50 went down 0.01% and the Dax went up 0.46%.
American markets have gone down today as the situation in the Ukraine weighed on investor’s minds. Furthermore, economic data coming from the US was not terribly encouraging. Both Job Openings and data and Wholesale Inventories data were worse than expected – exacerbating bearish sentiment within the market. Though long term pressure remains upward, US markets may continue to fall in the short run. Currently, the Dow is 0.24% lower, the S&P is 0.41% is down and the NASDAQ has dipped 0.32%.
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